One girl's journey to financial freedom and debt free travel

Week 60 – Update on debt and savings

I’ve been posting a lot less these days, and there are a couple of reasons for this:

1) I’m working on a new blog! I’m looking forward to sharing the new blog with the readers of the Debt Breakup. My new blog won’t be anonymous 😉 so I guess you can find out a bit more about me!

2) I’m close to the end of my journey to debt freedom and thing are just rolling along – ie, not a lot of exciting updates to report. I’ve reached my ‘savings ceiling’ in that I have tweaked my budget time and time again – there isn’t much more I can squeeze out of it to pay towards debt or to save. But I’m very pleased with settling into a budgetary rhythm!

A cool thing I did do recently though was sell my stuff at a trash and treasure market 🙂 I’ve recently become a minimalist – something I cover off on my new blog – and letting go of many of my possessions has been the first step on my minimalist journey. I made $205.00 profit from the stall – which I was very pleased with considering most items were priced at $2 – $5!

So, my 60th week of debt repayments. 60 weeks.

For pretty much the entire last 60 weeks I have made financial decisions based on minimising my debt as a priority. I’ve said no to things, I’ve worn the same wardrobe, I’ve mostly made purchases of needs, not wants. I’ve cut and reduced costs in every part of my life I could. Time and time again I have put debt repayment before my whims, wants and generally fun stuff.

With the light at the end of the tunnel getting brighter and brighter, I can honestly say it has all been worth it so far.